Search

Kenya Airways Exploring State Support for Fleet Expansion

© Pexels
  • Airline plans to grow fleet to at least 50 aircraft within five years
  • Government evaluates alternative capitalisation as investor search stalls

Nairobi, Kenya – Kenya Airways is exploring new capital-raising measures to expand its fleet after suspending efforts to secure a strategic investor. The airline aims to increase its aircraft count to at least 50 within five years, a move that could see it revert to state funding given its ongoing financial difficulties.

You need an active subscription to continue reading this article.

Recent Business

marek-studzinski-Dzzs2EFckLk-unsplash
Can diaspora bonds plug Africa’s financing gap?
Read More »
junior-samson-ZY0eI-L-FBc-unsplash
World Bank flags debt risk despite Benin’s rapid growth
Read More »
pexels-langford-kwabena-2841822-28075371
Ghana signals rate cut as inflation hits three-year low
Read More »

Recent Politics

emmanuel-ikwuegbu-T4q6ZPpYjog-unsplash
Tinubu seeks to win back north at Buhari’s funeral
Read More »
pexels-ninthgrid-2149521550-30688912
Nigeria inflation falls again, raising rate cut hopes
Read More »
ivan-bandura-D5kMHGxgZMI-unsplash
Barrick vows to fight Mali gold seizure through legal channels
Read More »

Latest Posts

Latest news insights